Results for this period
Interim period (second quarter)1 April 2026 to 30 September 2026ConsolidatedJapanese GAAPThe width of the band at each stage is based on revenue. The narrower it becomes toward the bottom, the smaller the proportion of revenue that remains as profit. The dotted outline is the full-year forecast and the band inside it is the result for this period. The progress rate is the result divided by the forecast.
塗りつぶした部分が自己資本比率です。総資産のうち、返済のいらない自前の資金がどれだけかを表します。The thin vertical line indicates the level at the end of the previous fiscal year.
Stacked from zero: upward is an increase in cash, downward a decrease (in ¥ million).The net change represented by the dotted line is the total of three items, calculated from figures provided by the company.
Completed construction revenue in the construction business declined 2.5% year on year, while segment profit increased 28.5% owing mainly to an improvement in the gross profit margin on completed construction and other factors. Revenue in the real estate and other businesses declined 5.1%, but segment profit increased 12.0% owing mainly to an improvement in gross profit margins and other factors.
No applicable items
| Item | Details |
|---|---|
| Fiscal Period Classification | Interim period (second quarter) |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2026 to 30 September 2026 |
| Net Sales | ¥45,123 million (YoY -2.5%) |
| Operating profit | ¥3,418 million (YoY +32.7%) |
| Ordinary income | ¥3,816 million (YoY +32.7%) |
| Profit attributable to owners of the parent | ¥2,665 million (YoY +35.7%) |
| Net income per share | ¥93.45 |
| Equity ratio | End of the current fiscal period 61 / End of previous period 65.1 |
| Total assets | ¥99,557 million |
| Net assets | ¥60,681 million |
| Cash flows from operating activities | ¥6,101 million |
| Cash flows from investing activities | ¥-2,777 million |
| Cash flows from financing activities | ¥-1,498 million |
| Cash and cash equivalents at end of period | ¥18,285 million |
| Full-year earnings forecast | Net Sales ¥100,500 million (YoY +4.6%) / Operating profit ¥7,200 million (YoY +27.2%) / Ordinary income ¥7,900 million (YoY +26.8%) / Profit attributable to owners of the parent ¥5,400 million (YoY +24.1%) / Net income per share ¥189.34 |
| Revision to Earnings Forecast | Not disclosed → Net Sales 100,500 / Operating profit 7,200 / Ordinary income 7,900 / Profit attributable to owners of the parent 5,400 |
| Annual Dividend Forecast | ¥78 → ¥95 |
| Segment revenue | Construction Business ¥44,342 million (YoY -2.5%) / Real Estate Business, etc. ¥780 million (YoY -5.1%) |
| Segment profit | Construction Business ¥3,594 million (YoY +28.5%) / Real Estate Business, etc. ¥335 million (YoY +12.0%) |
| Orders received and order backlog | Orders received ¥69,822 million / Order backlog Not disclosed |
| Depreciation and amortization | ¥250 million |
| Breakdown of extraordinary income (loss) | Extraordinary income Not disclosed / Extraordinary loss Loss on sale of non-current assets ¥4 million |
| Disclosure regarding the going concern assumption | No applicable items |
| Change in accounting policy | Changes due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement No |
| Changes in the scope of consolidation | No material changes (the number and names of companies newly consolidated or excluded are Not disclosed) |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Whether applicable No / Subject person Not disclosed |
| Issued Shares at Period-End | 30,580,000 |
| Treasury Shares at Period-End | 2,059,139 |
| Factors Behind Changes in Business Performance | Completed construction revenue in the construction business declined 2.5% year on year, while segment profit increased 28.5% owing mainly to an improvement in the gross profit margin on completed construction and other factors. Revenue in the real estate and other businesses declined 5.1%, but segment profit increased 12.0% owing mainly to an improvement in gross profit margins and other factors. |
Items this document does not state (6)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.The construction business reported higher profit despite a decline in completed construction revenue, owing mainly to an improvement in the gross profit margin on completed construction and other factors. The real estate and other businesses also reported higher profit, mainly due to improvements in gross profit margins and other factors. The business environment included soaring labor and material costs, as well as a slowdown in private-sector construction demand due to rising interest rates.